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Actavis Romania Plans 15%-20% Increase In Sales For 2011
Icelandic pharmaceutical group Actavis plans to increase its Romanian sales by 15%-20% this year, from EUR93 million in 2010, Actavis Group chief executive officer Claudio Albrecht said Tues...
Sanofi-Aventis Romania Expects To Grow Faster Than Market In 2011
Pharmaceutical company Sanofi-Aventis Romania expects its sales increase this year to be higher than the market’s estimated growth of 5%, fueled by launch of new products and wider sales in...
Analysts See Romania's Annual Inflation Rising To 8.2% In April
Romanian consumer prices are likely to increase by 0.5% on the month in April, while the annual inflation is seen accelerating to 8.2%, according to a median forecast of the country’s associ...
Rohan: Romania Needs Double Cement Usage To Catch Up With Western Europe
Romania’s cement consumption per capita will increase in the near future, reaching the European average of 423 kg by 2015, but Romania still has some ground to cover before equaling western...
Continental Hotels Plans Switch To Profit In 2011
Romanian hotel operator Continental Hotels on Wednesday said it expects a switch to profit this year, from a loss of EUR4.8 million in 2010, based on more aggressive marketing and promotion...
Oxford Economics Rises Romania GDP Forecast To +1.2% In 2011
Oxford Economics has revised upward its forecast on Romanian economic growth to 1.2% in 2011 from 0.1% previously, saying it expects higher exports and improved performance in industry.
Raiffeisen Bank Romania Expects RON272M Net Profit In 2011
Raiffeisen Bank Romania expects a net profit of 271.8 million lei (EUR66.7 million) in 2011, calculated by Romanian accounting standards, slightly up on the year, following investments of RO...
Shopping Center Operator Cocor Cuts 2011 Sales Forecast To RON26M
Shopping center operator Cocor Bucuresti (COCR.RO) Monday revised downward its forecast on full-year sales to 25.7 million lei (EUR6.2 million), from RON31 million previously envisaged.
Mechel Campia Turzii Plans Swing To RON12.2M Profit In 2011
Romanian smelter Mechel Campia Turzii (INSI.RO) estimates to swing to a net profit of 12.2 million lei (some EUR3 million) this year, from a loss of RON76.8 million in 2010, the company said...